HomeMy WebLinkAboutRES 1082 il - -� `..?+L�'��t�7 . . . � ..
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BE IT RESOLVED BY THE MP,.YOR AND THE CITY COUN+CIL OF THE CITY OF RENTON,
�.S FOLLOW�':
SEC2I�N I: The City Clerk and the City Treasurer are hereby autharized and
directed to �.ransfer the fallowzng funds from the C�dar River -Park Acquisitian
Fund unto the fiallocaing departmenCs and �urtds. ;
FROM: Cedar River Park Acquisition Fund �90,OOD.QO
UNTO: Stree� Deparfi�nent -$40,000,0�
Park Department -$24,.04t�.Ofl
Library �26,000.00
and said transfers constitute a laan ta said respective departments to be
II repayable, with.au� interest, not 2ater t�an �ecember 31, I961.
SECTION II: The aforesaid loans are necessary in arder to continue the
proper administratioa and �unction of the borrowing departrr�ents pending receigt
of tax funds therefor. �
PASSED BY T�iE CITY Ct}UNCIL this��y of January, 19bI.
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f''�f�22�sL.� �'� r• ���`/.-'P-'�""',�.t/�t,.�.�
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Vern H. Morr'is, .Ci,� C1erk
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A,FPROVED BY THE M�YOR this��ay af January, 1961.
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�rank Aliment, Mayar
APPROVED AS TQ �E}RM:
Gerard M. Shellan, City �t�orney